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Wednesday, January 29, 2014 12:08:40 PM
First, if somebody's brother was indeed on the inside or even had a source for a "scoop" then why in the world would the be posting it to a message board. They would be buying shares as fast as possible to make money. No Virginia, there is not a Santa Claus.
Then, someone explain JR's involvement in Trio Resources. Totally unrelated business. Guys like Mr. Reid promote a new endeavor and use the public platform to see shares in an IPO and then, since they have no clue about the business they are entering usually have a co-venture who does understand the business they are entering. Reid provides the access to public cash, the guy who understands the business drives the entity. Well, Mr. Kerr has left the building. The guy who understands the business left. Go look at the TRII chart for a one year period and see what that stock has done to its shareholders.
Is there really any reason to say any more? Believe the "brother story" and continuing to believe in a CEO who has failed twice right before your eyes is pure folly!
I am not saying JR has committed fraud, have no reason to believe that, I am just saying that most new start up businesses fail and I think we can see that JR is 0 for 2 that we know about.
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